The Institute of Asset Management (IAM) Certificate in Asset Management course provides a comprehensive overview of the principles and practices of Asset Management (AM). The content is aligned to PAS 55, ISO 55000 and the IAM's competency framework, with a perspective on preparing participants to pass the IAM Certificate in Asset Management examination and to earn the AM certification.

This course provides a well-rounded competency development and assurance stage for those who already have either practical experience or specialist knowledge in AM, and are now seeking a more comprehensive understanding of AM. Participants will develop a business-centered appreciation of Asset Management, and will be better able to influence decisions which have AM implications.

This course includes the IAM mock exam, which will take place on the final day of the course, and certification.


100% Exam Success guarantee
Free Exam Dumps
Certificate of completion
3 Days intensive training and real life project implementation.
Exams now available all year round in our venue.

By the end of this training you will be able to
  • Contribute to the generation and implementation of AM policy, strategy, objectives and plans within their organizations
  • Participate in asset-related risk identification, analysis, management processes, and contingency planning
  • Understand the asset lifecycle and the role of appropriate tools to optimize the performance, risk and cost of assets
  • Identify the information and performance measures needed for effective asset management, and evaluate the impact of asset information systems
  • Understand the financial implications of asset and asset management decisions for their organization, and translate technical issues into business implications
  • Participants from organizations where the reliability, performance and attendant risks of fixed assets have a significant impact on business performance, will benefit most from this course. This course is suitable for engineering and technical managers, project managers and project engineers, operations managers, maintenance managers, Facilities Managers, EHS and quality managers, and procurement and supply chain managers.
  • Asset management
  • Risk identification
  • Contingency planning
  • Asset life cycle costing
  • Maintenance planning
  • 1.Asset Management Training (Prepares you for AM certificatio)
  • 2.Weekday and weekend classes available
  • 3.Dates (choose one preferred batch):
  • Module 1

    Introduction and overview of Asset Management (AM)

    • Introduction to AM
    • International Standards – ISO 55001
    • Overview of good practice
    • Organizational context and stakeholder needs
    • Converting business plans to asset plans
    • The strategic AM plan
    • AM policy
    • Needs and capabilities of the assets
    Module 2

    The Asset Lifecycle

    • Introducing the Asset Lifecycle
    • Design and acquisition
    • Commissioning and handover
    • Strategic approach to operations and maintenance
    • Understanding and managing failures – Introduction to tools and techniques
    • Root Cause Analysis (RCA)
    • Failure Mode and Effect Analysis
    • Managing ‘random’ failure
    • Spares management
    • Decommissioning, disposal and renewal
    • Asset life cycle strategies – Alignment and optimization
    • Developing and optimizing AM plans
    • Constraints and shutdown optimization
    Module 3

    Planning, risk management, and decision making

    • Delivering plans
    • Capital
    • Operations and maintenance
    • Managing resources and change
    • Outsourcing and supply chain management
    • Risk management
    • Asset criticality
    • Contingency planning
    • Value and risk-informed decision making
    • Asset Management decision making – Principles and approach
    • Techniques for working uncertain or sparse data
    • Life Cycle Costing (LCC) Introduction
    • Evaluation of options
    Module 4

    Asset Management enablers

    • Asset information – Overview
    • Asset data – Fundamentals
    • Dynamic data - Condition and performance
    • Collecting and using tacit information
    • Information systems – Introduction and overview
    • Organizational structures for AM
    • Assessing and developing AM competencies
    • Leadership in AM
    Module 5

    Evaluation and continual improvement

    • Successful changing organizations
    • Communication and culture change
    • Performance evaluation
    • Developing and using performance indicators
    • Continual improvement
    • Governance and assurance for asset management – Auditing and management review
    • Maturity beyond ISO 55000
    • Weekdays: 10:00am - 05:00pm (1 Hour Lunch/PM Documentary Break)
    • Weekend: Saturday 10:00am – 05:00pm; Sunday 1pm – 06:00pm
    Lagos Training Centers
    • Lagos Mainland**: 27 Moronfolu Street, Close to Unilag, Akoka, Yaba, Lagos
    • Lagos Island: 7 Brook Street, beside Campbell hotel, by Freedom Park, Lagos Island
    • Port Harcourt Training Center: 21 Oil Field Guest House Close, off School Road by MTN Junction Elelenwo
    • Abuja Training Center: House 67 Block 1A Kano street Area 1, Garki Abuja FCT. After Shehu Shagari mosque
    • Certificate of completion as required by the IAM
    • AM Exam Question Dumps
    • Student workbook
    • Sample Business case
    • SWOT Analysis
    • Asset Management Templates
    • Certified and Experienced Trainers
    • Conducive learning environment (AC and Free Parking Space)

    How do you become AM certified professional?

    Obtain a formal AM training from an IAM Registered Endorsed Education Provider like us.

    Acquire the AM membership and apply for the AM exam online on their site for a total fee of $275

    Upon clearing the exam successfully you will be awarded the AM certification from IAM

    What is Asset Management® Certifications?

    Institute of Asset Management (IAM®) provides Certificate in Asset Management to the candidates who have successfully completed the examination based on the Asset Management Body of Knowledge .

    Who should attend the training for AM® Certification?

    Any Entry level Executive/Manager who want to learn about how to apply Asset Management in the work place, or any Experience level Manager who are preparing to take their Professional certification exams can opt for this course.

    Where can I take the classes to prepare for the exam?

    Ciel Consulting offers Asset Management Certification Prepclasses throughout the year. We offer classroom, online and live virtual training over the internet.

    What Certification do I get after the Training.

    After successful completion of the training, you will be awarded the course completion certificate along with the 35 hours PDU certificate embossed with Simplilearn

    Do you provide assistance for the exam application process?

    Yes, we do provide assistance for the exam application process. We can help you register and schedule for the exam.

    How much does Asset Management certification exam cost?

    Asset Management exam fee for IAM members would total $200 and for non-members of IAM it would total $275. For members, membership fee is $85

    Is exam fee included in the course fee?

    No. The exam fee is not included in the course fee as it is directly paid by you to the Institute for Assets Management (IAM)® for the application and examination.

    I want to know more about the training program. Whom do I contact?

    You can join our live chat or call 08091592389. Whatsapp 08091592389


    • Pay Training fee before training start date

    • visit www.cielgr.com click on Register tab and complete the registration form

    • Upon confirmation of your registration, an electronic receipt will be sent to your mail.

    • Commence your training at Ciel Consulting Venue
      Payment can be made via our website on the Register page or through Bank deposit/transfer.  
      Account Details  
      Account Name: Cieledu Nigeria Limited
      Account Number: 0246160703
      Bank: GTBank

    Payment Plans

    Choose any payment plan below

    * Split payment. Maximum of 2 installments.
    Call 08091592389 to discuss your payments